Brazil’s Oil, Gas Industry Urges More R&D Investments
ANP, the country’s oil and gas regulator, is working on a regulatory framework aimed at encouraging R&D activity in Brazil.
Logging you in.
Logging you out.
Updating your account.
Brunno Braga has worked in publishing for more than 20 years, having led several magazines serving various industries including logistics, foreign trade and energy. He worked as editor-in-chief for the Foreign Trade Chambers Federation for 10 years and senior journalist for Macaé Offshore Magazine for five years. He has a bachelor’s degree in communications and journalism from the Universidade Estácio de Sá, Rio de Janeiro, Brazil.
ANP, the country’s oil and gas regulator, is working on a regulatory framework aimed at encouraging R&D activity in Brazil.
A recent surge of interest is putting the country on the radars of major oil and gas companies.
In 2016 China invested $7.18 billion, nearly 80% more than the U.S. invested, in Brazil. The amount of China’s investment is expected to rise in 2017.
Despite the results, some believe more regulatory changes are needed.
Natural gas activity in Brazil is expected increase over the next few years with new players and more investments as the government works to change policies.
With presalt resources and new government rules, natural gas is about to enter a new phase in Brazil.
The results mark the comeback of Petrobras and ExxonMobil to the country’s ultradeep water.
Executives from oil and gas, supply and technology companies met in Rio de Janeiro to discuss the latest oil and gas technology trends.
Petrobras intensifies its divestment plan as the company runs against time to raise $21 billion by 2018.
Scheduled for September, the round will offer 287 blocks in onshore and offshore basins.
© 2024 Hart Energy. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.